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$1,079.57
+15.47 (+1.45%)
At Close: Jun 03, 2026
Micron announces layoffs, cost cutting as chip demand drops
04:50pm, Thursday, 22'nd Dec 2022
Micron will reduce its workforce by 10% next year and take other cost-cutting measures as the computer memory chip maker struggles to deal with too much supply amid a drop in demand.
Semis are falling because of Micron's lower guidance for 2024, says Bernstein's Stacy Rasgon
04:27pm, Thursday, 22'nd Dec 2022
Stacy Rasgon, Bernstein senior semiconductor analyst, joins 'Closing Bell' to discuss Micron as the company guided gross margins down.
Micron stock falls on earnings miss, staff reduction
04:20pm, Thursday, 22'nd Dec 2022
Yahoo Finance Live checks out Micron Technology shares amid its latest earnings report, announced staff reductions, and downtrends in the semiconductor space.
The magnitude of downside for Micron was worse than people expected, says Cowen's Sankar
03:45pm, Thursday, 22'nd Dec 2022
Krish Sankar, Cowen senior research analyst, joins 'Power Lunch' to discuss why Micron's earnings results took the markets by surprise, if AMD is more exposed to headwinds than Micron and more.
Micron Layoffs 2022: What to Know About the Latest MU Job Cuts
03:10pm, Thursday, 22'nd Dec 2022
Micron (NASDAQ: MU ) stock is in the trenches today after a brutal earnings miss and a troubling announcement: Micron is laying off 10% of its workforce. What do you need to know about the recent Micr
Micron's recovery from ‘worst memory downturn in 13 years' will take time, analyst says
02:55pm, Thursday, 22'nd Dec 2022
Micron Technology Inc.'s results and outlook show the memory-chip market is probably at its worst downturn in 13 years and analysts expect the bounce back may take a while.
Why Micron Melted Down and Intel, AMD, and Nvidia Followed
12:45pm, Thursday, 22'nd Dec 2022
How bad will things get for semiconductor stocks in Q2?
Micron To Reduce Workforce By Almost 5,000 Due to Plunging Demand
12:25pm, Thursday, 22'nd Dec 2022
Micron will trim its headcount and suspend bonuses in an effort to weather the largest supply and demand imbalance in over a decade.
Micron's Cautious Comments on Chip Inventories Weigh Heavily on Tech Shares
12:06pm, Thursday, 22'nd Dec 2022
Micron is cutting staff, spending, and salaries in response to high inventories and softening demand from PC, handset and data center customers.
Jobless Claims Calm, Q3 GDP Upped to +3.2%
12:03pm, Thursday, 22'nd Dec 2022
Investors look to be continually manicuring levels of holdings in equities as we get economic data releases that help color in some blank spots in our outlook.
Lower-Than-Expected Weekly Jobless Claims
12:03pm, Thursday, 22'nd Dec 2022
Lower-Than-Expected Weekly Jobless Claims.
Micron falls as the chipmaker announces big workforce reduction and gives dismal outlook
11:40am, Thursday, 22'nd Dec 2022
The chipmaker plans to lay off 10% of its workforce and has slashed company bonuses amid a tough economic environment.
Micron to cut 10% of workforce, suspend bonuses in 2023
11:05am, Thursday, 22'nd Dec 2022
Micron Technology will lay off 10% of its workforce and undergo an aggressive restructuring plan in 2023, citing a "significant supply demand mismatch."
Want To Invest In Artificial Intelligence? Here Are 6 Front Runners In Machine Learning
10:51am, Thursday, 22'nd Dec 2022
Artificial intelligence is the next great technological advancement that will change the way we do many things. Here are the companies leading the way from technological standpoint and an investor per
Micron (MU) Q1 Earnings & Revenues Miss Expectations, Fall Y/Y
10:33am, Thursday, 22'nd Dec 2022
Micron Technology's (MU) first-quarter fiscal 2023 results reflect the negative impact of weakening consumer demand and substantial customer inventory adjustments across end markets.
